Types of Local Sponsor Needed for a Business in UAE by Marc Jacob on Scribd
Over the last few decades, Dubai has seen a radical progress, becoming the economic hub and attracting investors from around the globe. The sectors which contribute largely to Dubai’s economy are construction, real estate, trade, finance, tourism and transport system. Significant growth in these industries has enabled Dubai to accomplish a high degree of expansion and diversification.
Dubai presents itself as an ideal location for investment as its economy has a combination of cost, market and environmental benefits which create an ideal opportunity and striking investment climate for local as well as expatriates. The chief factors which have made Dubai a paradise for international investment are its strategic location, political and economic stability, open and free economic system, investor-friendly policies, world-class infrastructure, competitive cost structure and excellent work and living conditions.
If you are looking to set up a business in Dubai, there will be hundreds of questions pouring into your mind like which sector to go for, which area to choose for operations, which legal structure to adopt, how to acquire financial and human resource as well as many other key decisions to be taken yet. You need to have a proper plan of action before going into business. This is a challenging task. One of the best ways to deal with it is to first have a guideline about Dubai’s overall economy and governmental policies regarding new businesses. You should seek assistance from professional consultants who have worked in Dubai and possess the knowledge you are looking for.
This is where KWS Middle East comes in. KWS-ME is a consultant company which provides assistance to an entrepreneur looking to start up a business in Dubai. With a team of professional experts, KWS-ME has been in business for more than ten years. KWS presents vast, reliable and personalized services which will aid you choosing an appropriate business model, go through with all necessary registration processes smoothly and help you choose the right location for business establishment.
KWS-ME provides cost-effective solutions to your problems thus saving your time as well as money.
- Provide knowledge about the form of business setup that caters to your needs. There are basically three options available to an investor. These are Mainland Company formation, Free Zone Company formation and Offshore Company formation. Mainland Company formation means that in order to form your business you will need a local sponsor who will have your business share i.e.51%. This means your ownership is restricted to the maximum of 49% but this kind of setup allows you to directly sell or provide services in Dubai or regions across UAE. Free Zone Company formation ensures that you have complete business ownership and complete repatriation of profits but it will limit your operations to be conducted inside the free zone that you have selected. Offshore Company means you are going global. There are various benefits provided by each kind. KWS-ME will provide you with all the necessary information about each kind of setup as well as which kind of company formation will fulfill your business requirements.
- Registering your business is a hefty process if you do not have complete knowledge of the system. If you do not fulfill legal requirements and provide necessary documents, it can be time-consuming too. KWS-ME assists businesses in the completion of all legal procedures such as registration of the company, preparing required documents of the business which include defining business objectives, name, location, the structure of the overall management as well as documents containing a memorandum of association, stakeholder’s agreement and company laws.
- KWS-ME helps you in acquiring trade licenses from relevant authorities.
- With its professional expertise, KWS-ME will guide you choose the right location for your business operations. Also, Dubai with the population consisting of more than 70% as expatriates, KWS-ME will help you choosing right kind of employees from such a diverse environment.
- Having a better understanding of the culture, language, dressing, local norms and traditional values is an aspect that will ease you to settle in and take the right decisions. KWS-ME will also help you in adapting to the market by continuously updating you with new market trends, new governmental policies, information technology and your competitors so that you do not lag behind and stay competitive.
KWS Middle East will help you in the establishment of your company in no time at all. By choosing KWS-ME as your business consultants you are optimizing your business potential and saving your time as well as money. So, if you are looking to set up your business in Dubai, partnering with KWS Middle East will help you put your vision into reality and make your business a winning enterprise.
Business Consultants in Dubai
- September 21, 2017
KWS Middle East - A Smart Choice for Business Consultancy in Dubai
Over the last few decades, Dubai has seen a radical progress, becoming the economic hub and attracting investors from around the globe. The...
How business consulting companies are helping entrepreneurs in Dubai?
Business consulting companies are based on the group of people who provide consultation to the management of the organization in order to improve their performance and efficiency. Generally, there is a perception that consultancy companies work only for the big organizations but nowadays they offer services to organizations of all sizes. If you are looking to set up a business in UAE, business consultants will help you in a variety of topics to reach your best potential. Primarily, business consultants perform the following functions;
- Business consultants will help you in legal procedures such as registering your company, getting a license from authorities, preparation of documents for the business which define business objectives, name, location, structure of the overall management as well as documents containing a memorandum of association, stakeholder’s agreement and company laws.
- Provide knowledge about the form of business setup that will suit your requirements.
- Help in acquiring trade license from associated ministries.
- Provide you the right location for running operations of your business as well as the right kind of employees.
- Business consultants will help save your time as well as the money for the incorporation of your business.
- Help you in understanding the culture and professional climate.
- Business consultants will criticize constructively to your ideas and facilitate those ideas that enhance the efficiency and effectiveness of your organization.
- Help in the creation of a network of business contacts.
- In this global world where market is continuously evolving in terms of information technology, new governmental laws and regulations, competitors, market share etc. business consultants will help you in coping with this change so that you do not lag behind and stay competitive.
The economy of Dubai is booming. According to World Bank Ease of Doing Business Report 2017, UAE ranked 26. That is why people from all over the world are coming to invest here. As UAE provides the opportunity to businesses to work in an environment where you can find peace of mind, diversified culture, rules and regulations, proper infrastructure, security of investors’ interest, trained work force and moreover businesses have the benefits of saving tax on their income which they can further use to invest on their business.
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| Business Consultants in Dubai |
But setting up a business in Dubai is not a simple process as Dubai has a highly regulated economy with a proper system of check and balance. Every new setup will have to undergo a chain of various processes including government authorizations before starting officially. Getting clearance from government bodies, product registration, selecting the location to start the business, finding a right place to work and selection of workforce etc all these things are quite tricky which can be time-consuming if you are not prepared well. But if you hire a right person to do this job then you can put your energy and efforts to other important tasks which require more attention and time from you.
There is a perception that a good consultant is always expensive but if you consider the work and effort they put to make your work process smooth, you will analyze that they worth the amount of money which they are charging. As consultants will save a lot of time and release the burden of these hectic procedures and requirements. He will be responsible for your business paper work, approval from government authorities, product registration, and office arrangement and for so many other things which can be difficult for a person who is new in the market and not aware of the requirements of the economy.
Many consulting companies are working already in UAE. One of the best amongst them is KWS Middle East. It has been working in Dubai for more than ten years. KWS Middle East has a team of professional experts who are ready to provide service to their clients in all kind of areas. After getting to know your requirements, they will help you in choosing the right form of business whether it be Mainland, Free Zone or Offshore Company. Also, they will aid you in all the matters related to finance, legal work, licensing, leasing, human resource and marketing which will be required from time to time. So, if you are looking to start a new business in Dubai, KWS Middle East will help put your vision in reality.
Business Consultants in Dubai
- September 14, 2017
How business consulting companies are helping entrepreneurs in Dubai?
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3 Simple steps to renew business license in dubai
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